They also completed a 25 million series B funding in summer of 2019 that values the company at 127 million, which is a good signal for expansion.What appeals to me about this model, is you can go buy a couple acres of land ( Hipcamp suggest a 2 acre minimum), make some minor infrastructure upgrades and then build a couple A-frame tiny cabins, some yurts or simply just a clearing that would allow for someone to pitch a tent.

So nobody knows exactly what date the reserves will be returned, but at least we know the logic behind releasing those funds and can model it in.

The decision to wholesale or invest are two very different business models and will depend on your financials resources and time available to learn and execute.

Good to hear you are looking at the house hacking model. 

Looking forward to connecting further, just checked out your website, great business model. 

I have 8 properties in Baltimore county between Middle River and and Dundalk.3 have paid on time (2 of them section 8). 1 has been on time, but I had to give her a 35% reduction due to her not having a job anymore, but will be back to normal rate by July. 1 is a model home that I get rent every month from Ryan Homes so no problem there. 1 Is a tenant that hasn't paid in about 2 months but is leaving by the end of April, will set a payment plan for her once she moves (or sent to small claims/collection if she doesn't)2 are long term problem givers. 1 paid for the last 2 months and is now up to date.

I've built my own financial model that I run these scenarios with, and the killer is the cost of capital.

However, the quality and size of agency debt properties is significantly higher (typically $2 million loan size or greater).It's a great business model, as your return on a mobile home park is infinite if you refi out all the equity.

Typically when you optimize you financial model for cash flow, your equity pay down, appreciation potential and taxe write offs go down.

Since you already have the electric heat, you can get one a bit less cost as A/C only model, or get one with a heat pump added and then it's all-in-one.From there, just eliminate the venting to the bottom unit, so it's all on their electric feed.